Retailers are already seeing the benefit from the lesser talked about "non-payment" mobile wallets. Tools like Passbook and Google Wallet are a great way for retailers to start establishing the mobile wallet concept with consumers and build loyalty – before the roll-out of a mobile payments program/system.

Chuck Martin is editor of the IoT Daily at MediaPost and writes the daily Connected Thinking and MobileShopTalk columns. He is a NY Times Business bestselling author of "Mobile Influence" and “The Third Screen.” He is working on a new book titled “The Internet of Everything” (IoE). He is CEO of Mobile Future Institute and a frequent keynote speaker internationally. Follow him on Twitter @chuckmartin and contact him at Chuck@MediaPost.com.